We're pretty excited about the new Michael Emerson/Terry O'Quinn series that's in the works at NBC.

Pretty much every 'Lost' fan is giddy at the thought of Ben Linus and John Locke reuniting as ex-spies in a comedic drama from J.J. Abrams. Why should Emerson himself be any different?

The 'Lost' veteran told Entertainment Weekly via email that he's "still reeling from the sudden turn of events."

You see, the two Emmy-winning actors started floating around the show proposal as a joke. Pretty soon the media -- yes, us included -- picked up the story and, well, now they have a pilot at NBC.

Ben Linus and Locke have found a new home at NBC.

The hyped Michael Emerson-Terry O'Quinn project from J.J. Abrams and his Bad Robot Productions has secured a pilot commitment at the Peacock Network.

According to Vulture, ABC and Fox showed interest in the spy series, but it was NBC who won out. NBC just premiered another Abrams spy drama, 'Undercovers.'

The series, which was going by the name of 'Odd Jobs' but is now untitled, was pitched as a comedic drama with O'Quinn and Emerson as ex-black ops agents.

Syfy has felt the magic and wants to keep it coming: 'Merlin' season 3 will premiere on the network in early 2011.

'Merlin' first aired on NBC last summer and averaged around 4 million viewers. The series moved to Syfy for its second season, where it averaged 1.28 million viewers, a much larger audience for the network than previous programs in the Friday 10PM timeslot.

"We are thrilled that Syfy will be broadcasting the third series of 'Merlin,'" Johnny Capps, series creator and executive producer, told TV Guide. "The upcoming season will add an exciting new twist to Merlin's ongoing struggle to protect Prince Arthur, as well as thrilling audiences with bigger and bolder action sequences, stunning CGI monsters, mysterious villains and comic fun for all the family."

In other TV news ...

• AMC has officially picked up the untitled drama formerly known as 'The Killing.' The new Seattle-set series follows the murder investigation of a young girl, and is based on the Danish series 'Forbrydelsen.' [Deadline]

• The fifth and final season of 'Friday Night Lights' will premiere on Wed., Oct. 27 on DirecTV. No word on its premiere date on NBC, and no other details have been released about the 13-episode season 5. [Ausiello Files]

• 'Pushing Daisies' creator Bryan Fuller has been tapped to adapt 'The Lotus Caves' for Syfy. The project is based on the popular novel about lunar colonists who discover smart aliens living beyond the colony's borders. [Ausiello Files]

• CBS's new mom-skewed talk show, 'The Talk' will premiere Mon., Oct. 18 at 2PM. The panel of famous moms includes Julie Chen, Sara Gilbert, Sharon Osbourne, Holly Robinson Peete, Leah Remini and Marissa Jaret Winkour. 'The Talk' is replacing the classic soap opera 'As the World Turns.' [CBS]

Hey, younger reality TV-lovin' viewer ... yes, you. TV Land is targeting you with its new programs.

The network has given the green light to 'Forever Young,' a new six-episode reality competition series from Ashton Kutcher's production company, Katalyst, and 3 Ball Productions, the company behind 'The Biggest Loser.'

The series will find pairs of young and older contestants getting to know each other as they face-off against other duos. It's being described as a generational 'Beauty and the Geek.'

If you're watching CBS, there's a good chance you're around 55 years old.

LiveFeed is reporting a new study by Nielsen and analyst Steve Sternberg has found the median ages of CBS, NBC, ABC and Fox viewers are now higher than ever.

The average age of an ABC viewer is 51 years old, 49 for NBC and 44 for Fox. Ten years ago ABC was 43, NBC was 45, CBS was 52 and Fox was 35.The CW has stayed the same at an average of 33 years old.

Some of the oldest-skewing broadcast shows are 'Dancing With the Stars' at 57 years old and on CBS, the 'NCIS' franchise at 57 and 'The Good Wife' at 58. Fox's Sunday night animated block of programming's average viewer age is 30-32 years old. Meanwhile, 'Glee' clocks in at 38 years old.

In other TV news ...

• 'True Blood' star Kevin Alejandro will guest star on 'Parenthood' for a multiple episode arc. Alejandro will play Mike, a possible love interest for Lauren Graham's Sarah. Mike and Sarah work together at Adam's shoe company. Zosia Mamet of 'United States of Tara' will also guest star as a friend of Amber. [Ausiello Files]

• Eric Winters has joined CBS's 'The Mentalist' in a recurring role. Winters will play an FBI agent that is a possible love interest for Amanda Righetti's character Grace. [Deadline]

• 'Star Wars: Clone Wars' season 3 will premiere on Sept. 17. The Cartoon Network series that chronicles the time between 'Star Wars: Episode II - Attack of the Clones' and 'Star Wars: Episode III - Revenge of the Sith' is a big ratings winner for the network. Last season's premiere was seen by 2.5 million viewers. [The Wrap]

'FlashForward' may have been discarded by ABC, but that hasn't stopped fans from aggressively campaigning for another network to pick up the series. It's worked before for other shows and according to TVOverMind, Starz might be the savior fans are hoping for.

A fan posted on the Save FlashForward! Facebook fanpage that they were told by a Starz's representative that the network is aggressively looking into picking up the series.

To prove their dedication to the series, 'FlashForward' fans have staged blackouts in front of ABC offices.

The series starred Joseph Fiennes (right) as an FBI agent looking into the cause of a worldwide blackout that showed citizens a glimpse into their future.

More good news for 'Glee' fans: According to an exclusive report from EW.com, Fox has renewed the award-winning musical dramedy for a third season.

"In just one year, Glee has transcended the television landscape and emerged as a global pop culture phenomenon," said Fox Fox Networks Group Entertainment Chairman Peter Rice in a statement.

"It's been a whirlwind year -- from shooting the pilot to performing at the White House to the concert tour that began last week -- and yet we all feel like we've just begun this amazing musical journey. We think our Gleeks worldwide are going to love what we'll have in store for them in seasons two and three," added series creator Ryan Murphy.

It looks like 'One Tree Hill' will live on for another season

According to the Live Feed, the CW gave the longrunning series a surprise renewal order today, while also picking up the low-rated freshman dramedy 'Life Unexpected.'

This will mark 'One Tree Hill's' eighth season on the air.

Meanwhile, the CW also made room for two newbie series. First up is 'Nikita,' starring Maggie Q as a rogue assassin.

Also getting picked up today: 'Hellcats,' a new series about a competitive cheerleading squad at a Southern university. Ashley Tisdale of 'High School Musical' fame stars alongside singer-actress Aly Michalka.

And now for the bad news: The CW has decided not to renew its 'Melrose Place' reboot for a second season, according to Variety. 'Merlose' is the network's only scripted series not returning next season.

Apparently, Heather Locklear can't save everything.

CBS officially canceled seven series today, the Live Feed is reporting.

Among the shows axed is the Sunday-night procedural 'Cold Case,' which slipped in the ratings in recent seasons but still drew relatively decent numbers in its 10PM timeslot. 'Cold Case' ends after seven seasons on the network.

Meanwhile, in a somewhat surprising decision, CBS will bid farewell to its steady Friday-night drama 'Ghost Whisperer,' starring Jennifer Love Hewitt.

'The New Adventures of Old Christine' will also depart the network this season, though it's possible it may be saved by ABC. No official decision has been made.

It's mid-May and that means one thing: The networks are doing their upfront presentations! Yes, it's a wonderful and exciting time to be a television fan. We've got the updates on all the major cancellations and renewals from CBS, NBC, ABC and Fox complied all in one place. Did your favorite show survive?

CBS:
Canceled: After seven seasons, CBS pulled the plug on 'Cold Case.' Despite a loyal fan base, ratings fell during its tenure on TV. The show averaged 14.18 million viewers in its first season, but slumped to 9.55 during its seventh and most recent. Falling ratings and high production costs are likely to blame here.

Canceled: Despite insider predictions that the show was safe, Jennifer Love Hewitt's 'Ghost Whisperer' will not return next season. The show aired on Friday nights, a night many consider the place shows go to die, and flourished. Over five seasons it averaged approximately 10 million viewers. While not great numbers by CBS standards, they were good for a Friday night -- though apparently not good enough to warrant a sixth season. UPDATE: According to the Ausiello Files, ABC may save 'Ghost Whisperer,' though no official decision has been made.

Amidst a flurry of pickups and cancellations, NBC ended its orders for next season with a little dose of reality.

According to the Live Feed, the Peacock has picked up 'School Pride,' a new unscripted series from producers Cheryl Hines ('Curb your Enthusiasm') and Denise Cramsey ('Extreme Makeover: Home Edition').

The 'Home Edition'-esque series follows various communities as they fix up old schools.

Stay tuned to TV Squad next week for full coverage of the 2010 upfronts.

ABC has put another medical series from Shonda Rhimes on the map, while making room for a new series starring 'Desperate Housewives'' Dana Delany.

According to the Live Feed, ABC has picked up 'Off the Map,' about a trio of medical doctors who set up shop on a remote tropical island. Enrique Murciano ('Without a Trace'), Jason George ('Grey's Anatomy') and Martin Henderson star.

Also getting picked up today is the Dana Delany vehicle 'Body of Proof.' In it, Delany will play a medical examiner who solves crimes based on her background as a neurosurgeon. Unfortunately, her unique ways of going about business clash everyone who crosses her path. (Think 'CSI' meets 'House.')

Today's news caps off a busy week for ABC. For more on the network's renewals and cancellations, click here.

On the heels of 'Law & Order's' cancellation, NBC announced today that it has picked up four new series for next season -- three dramas and one comedy -- and will be parting ways with newbie medical dramas 'Mercy' and 'Trauma.'

Among the dramas headed to the Peacock net is 'The Cape,' starring 'ER's' David Lyons as a policeman who is framed for a series of murders and is forced to go into hiding. Determined to be reunited with his family, Lyons' character becomes his son's favorite superhero ('The Cape') and quickly "takes the law into his own hands."

Meanwhile, 'West Wing' alum Jimmy Smits will return to the network in the drama 'Outlaw,' about a Supreme Court justice who quits his job to go work for the little man.

Rounding out the list of dramas is the latest legal series from David E. Kelley ('The Practice'; 'Ally McBeal'), 'Harry's Law.' The show stars Oscar-winning actress Kathy Bates as a lawyer who unexpectedly starts her own firm with characters portrayed by Brittany Snow and Ben Chaplin.

First he brought us the hilarious romantic misadventures of two wildly opposite brothers and a snarky kid. Then he reminded America that it's okay to make fun of nerds. Now producer Chuck Lorre has set his sights on his next groundbreaking comedic target: fat people.

Yes, get ready for more sitcom magic, as CBS has unofficially given the greenlight to Lorre's latest project, 'Mike and Molly,' which according to Entertainment Weekly is a "romantic tale about an overweight police officer" and a "pleasantly plump gal" who end up meeting at, you guessed it, Overeaters Anonymous.

TNT is giving Mark-Paul Gosselaar another shot at his own show.

According to sources for EW.com, the cable network has reportedly picked up 'Franklin and Bash,' a legal dramedy co-starring the 'Saved by the Bell' alum and 'Robot Chicken's' Breckin Meyer. The pair will play streetwise lawyers recruited by a high-powered firm.

Gosselaar previously starred in TNT's short-lived 'Raising the Bar,' another legal drama produced by Steven Bochco. According to the report, 'Franklin and Bash' will stand apart from 'Bar' and the rest of its dramatic lineup with a more comedic tone and a pilot that features ample shots of Gosselaar's naked bum. (No word yet on whether Gosselaar will be sporting his long Lorenzo Lamas-eque locks last seen in 'Bar's' first season.)